Interim CEO Ross Levinsohn steps down from Yahoo

By Gene Ryan Briones on 07/30/2012

Ross Levinsohn, the interim CEO of Yahoo, has reportedly left the Internet giant after losing to former Google executive and now newly appointed CEO Marissa Mayer. Levinsohn, who joined Yahoo in 2010 serving as Executive Vice President of Americas, was named interim CEO this year after Scott Thompson was fired for allegedly forging his resume. According to AllThingsD, Levinsohn and Mayer may have been negotiating his departure for several days now. Marissa Mayer reportedly sent an email statement confirming Levinsohn’s departure. Mayer said that Levinsohn has been an important and powerful contributor at Yahoo since he joined in 2010.

“During May and June, Ross stepped into an incredibly tough role as interim CEO and did a terrific job – he really helped keep the company moving, closed important deals, and assembled a very talented team. I am very grateful to Ross for his leadership and work throughout his tenure at Yahoo. His contributions will be missed,” Mayer added. “Yahoo is an amazing brand and company, and I leave knowing we did all we could to help inform and entertain more than 700 million users each month. Leading this company has been one of the best experiences of my career, but it is time for me to look for the next challenge,” Levinsohn said.